Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Healthcare employment growth slowed in December
By
Kathleen Steele Gaivin
Jan 08, 2024
Job growth in the healthcare sector could be slowing, according to data released Friday by the Bureau of Labor Statistics.
Labor market ‘very much aligned with pre-pandemic hiring’
By
Kathleen Steele Gaivin
Jan 05, 2024
The private sector added 64,000 jobs in December, and annual pay was up 5.4% year over year, according to an ADP National Employment Report Economy Lab report released Thursday.
Companies should expect higher healthcare costs, insurers say
By
Kathleen Steele Gaivin
Jan 05, 2024
US healthcare costs are expected to increase for employers this year, according to recent reports from insurers.
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...
Staffing issues continue to drive reduced admissions in SNFs
By
Kathleen Steele Gaivin
Dec 18, 2023
Nursing home providers continue to struggle with staffing challenges as they aim to reboot admissions in the post-pandemic era, according to the newly released results of a recent Ziegler CFO Hotline survey.
HUD releases $40 million in funding for service coordinators
By
Kathleen Steele Gaivin
Dec 15, 2023
The Department of Housing and Urban this week released $40 million in new funding for service coordination programs in affordable senior housing.
HUD announces $42.5 energy benchmarking initiative for affordable housing providers
By
Kathleen Steele Gaivin
Dec 14, 2023
A new Energy and Water Benchmarking initiative for owners of affordable housing properties is funded with $42.5 million through the Inflation Reduction Act.
Long-term care deal volume down as 2024 approaches
By
Kathleen Steele Gaivin
Dec 13, 2023
As long-term care operators prepare for 2024, the volume of senior housing and care deals is down, Paul Branin, vice president of business development at management and consulting firm Health Dimensions...
Unemployment rate dips to 3.7 percent in November
By
Kathleen Steele Gaivin
Dec 11, 2023
The national unemployment rate declined from 3.9% October to 3.7% in November, according to the monthly unemployment report from the Bureau of Labor Statistics.